U.S. Storm Surge Risk, Gulf and Atlantic States, 2019 |
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Single-family residential homes at risk |
Multi-family residential homes at risk |
Storm surge
risk level (1)
(Storm category) |
Number of units |
Reconstruction
cost value (2)
($ millions) |
Number of units |
Reconstruction
cost value (2)
($ millions) |
Category 1 |
815,559 |
$197,609.50 |
23,804 |
$7,962.00 |
Category 2 |
2,546,272 |
632,257.00 |
84,631 |
30,989.60 |
Category 3 |
4,633,815 |
1,138,183.10 |
161,027 |
59,089.10 |
Category 4 |
6,158,577 |
1,511,320.60 |
229,411 |
87,379.20 |
Category 5 |
7,071,745 |
1,701,112.20 |
246,033 |
91,892.80 |
(1) The risk categories are cumulative and increase in value from Category 1 to Category 5. Category 1 represents the higher risk of damage from a weak hurricane; Category 5 includes Categories 1 to 4 and the low risk of damage from a Category 5 hurricane.
(2) Represents the cost to completely rebuild including labor and materials by geographic location.
Source: CoreLogic®, a property data and analytics company. |
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